Gold at Two-Week Low, Copper Below $9,000/t Gold and silver prices have experienced significant declines, with gold reaching a two-week low, due to stronger U.S. economic data reducing expectations for interest rate cuts. This has led to a decrease in the probability of a September rate cut. Copper prices have also fallen below $9,000/t, driven by weakening demand outlook in China, particularly in the property sector. While physical gold demand may increase in India due to import duty cuts, the overall sentiment in the metals market remains bearish, with steel inventories in China rising and crude steel production declining. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts China's Economic Woes Lead to Record Gold Buying Spree READ MORE Revolutionary Tax Reforms: Oklahoma and Missouri to Redefine Gold and Silver? READ MORE U.S. Job Growth Surpasses Expectations with 272,000 New Jobs in May READ MORE U.S. Labor Market Beats Expectations with 275,000 New Jobs READ MORE ADP Reports Slight Miss in Private Sector Job Growth for February READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment